The Rise and Fall of China's Bicycle Kingdom: Part 1
[Micromobility PRO] Part 1: From bike graveyards to a billion rides, Beijing’s micromobility story comes full circle, transforming chaos into a system people rely on every day.
Welcome to Micromobility Pro, a bi-weekly publication which is part of The Micromobility Newsletter, where we deep-dive into the financials of micromobility companies and share exclusive insights tailored for professionals and members.
Last Chance to Save on Micromobility Europe 2026!
Micromobility Europe 2026 brings the global micromobility community to Berlin for 2 days of ideas, products, and conversations that move the industry forward. Join us on June 2-3, 2026 at Arena Berlin. Grab your General Admission ticket at €599 before prices go up tomorrow. Tickets are limited and selling fast!
Join McKinsey, Rivian’s ALSO, Lyft Urban Solutions, RYDE, Voi, Lime, Dott, NextBike, POLIS, Urban Sharing, Navee, CityFi, VMAX, Minimal, Microlino, and many others!
[Sponsor/Exhibit] | [Speak at the Event] | [Exhibit as a Startup] | [Get A Free Pass]
Everything you need to know about Micromobility America | Nov 11-12 | Palace of Fine Arts, SFO - CHECK HERE!
Bosch has a seat reserved for you at MME26!
Bosch is showcasing the latest capabilities of their Connected Biking platform at MME26 and offering selected partners a free pass plus exclusive early access to an upcoming innovation. Interested? Submit your details and their team will reach out if you qualify.
Contents
Introduction
The Bicycle Kingdom
The Shift
Hangzhou’s Quiet Start
The Campus that Started Everything
The Rainbow War
Chart: Shared Bikes in China
What Followed
Introduction
By November 2023, Beijing’s shared bicycles had carried riders on more than 1B trips in a single year. On an average day, 3.12m rides were being taken across the city. The number was a record. It was also, in many ways, the end of a very long and turbulent road.
To understand how a billion rides became routine, we have to go back to a time when China was burying its bicycles.
The Bicycle Kingdom
China’s relationship with the bicycle is older and more complicated than the sharing economy story suggests.
The bicycle arrived in Shanghai in 1868, treated as a curiosity, an expensive Western import that ordinary people could not afford and had little reason to want. That perception held for decades. It was not until 1950 that China produced its first homegrown bicycle brand, Flying Pigeon, launched in Tianjin with government backing. Even then, through the 1950s, owning a bicycle marked you as relatively prosperous. The machines were still beyond the reach of most households.



